Replies to post #17343 on Bioelectronics Corp (BIEL)

[kidnova]

I brought up the questionable sales to eMarkets right after the last set of financials were released. The majority of the board decided that it was a non-event, but to me it was an obvious ploy to pump up revenue numbers for the quarter so the dropoff from the previous quarter, and previous year, wasn't as obvious. They tried this same tactic back in 2009 with the bill and hold transactions to eMarkets and Joe Noel's company that their auditors later forced them to restate. I personally find it hard to believe that eMarkets is moving that much product given how little they've sold in the past. All IMO, of course.